United Arab Emirates:
ADGM And DIFC Private Credit Regimes: What Fund Managers Need To Know
06 October 2023
Maples Group
Most Popular: Article United Arab Emirates, October 2023
To print this article, all you need is to be registered or login on Mondaq.com.
In June 2022, the Dubai Financial Services Authority
("DFSA") promulgated a private credit fund regime
primarily for funds domiciled in the Dubai International Financial
Centre ("DIFC"). The Financial Services Regulatory
Authority ("FSRA") of the Abu Dhabi Global Market
("ADGM") followed suit with its own private credit
regulation in May 2023. Both frameworks lay out a platform to
provide alternative financing for SMEs at a time where credit is at
a premium and the asset class an attractive source of returns for
investors.
To view the full article please click
here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from United Arab Emirates
The "BVI Advantage": A 2024 Perspective
Collas Crill
Once upon a time, half way across the world and well over a decade ago, I gave my first client presentation on the merits of the BVI for cross border structuring to a roomful...
Registering Private Funds With CIMA
Conyers
All Cayman entities that fall within the definition of "private fund" in the Private Funds Act (2021 Revision) are required to register with the Cayman Islands Monetary Authority (CIMA).
Regulatory Insights - March 2024
KPMG in Cyprus
In a world of increased globalisation, regulation continues to be a key driver of the strategic agenda for financial services firms.